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Quiz 1
Quiz 1
Q1. …….is a branch of economics that focus on improving fiscal, economic and social conditions
in developing countries?
A. Development Economics B. Economic Development C. Macro-economic D. All
Q2. The main obstacles to economic development of developing countries include ………….
A. Vicious circles of poverty B. High population growth rate C. Political instability D. All
Q3. ……… is the sustainable increase in the total amount of the goods and services (output) produced in
an economy over time?
A. True B. False
1. Write and explain any four of the Kuznets’s characteristics of Modern economic growth?
2. State and explain at least four of the common characteristics of less developed countries?
3. Differentiate traditional view of economic development and modern economic
development?
4. Compare and differentiate economic growth and economic development?